Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

USC Refund

  • 03-11-2015 3:10pm
    #1
    DeeTee100
    Registered Users, Registered Users 2 Posts: 125 ✭✭


    As part of my college course, I was on a 5 month paid work placement over the summer. For payroll purposes, my annual salary was stated as 18000 pro rata. Since I only worked for part of the year, I only actually earned around 7500 of that.

    My understanding was that I would have to pay Universal Social Charge at the time, based on the 18000 figure, and then I'd be able to claim it back once I had my p45 stating what I actually received.

    I sent in my p50 last week, along with the p45. I received a letter today saying that there is no refund due to me at present, but that I may reapply at the end of the year.

    Is this a mistake on Revenue's part, or am I missing something here?


Comments

  • #2
    gerrybbadd
    Registered Users, Registered Users 2 Posts: 10,301 ✭✭✭✭gerrybbadd


    DeeTee100 wrote: »
    As part of my college course, I was on a 5 month paid work placement over the summer. For payroll purposes, my annual salary was stated as 18000 pro rata. Since I only worked for part of the year, I only actually earned around 7500 of that.

    My understanding was that I would have to pay Universal Social Charge at the time, based on the 18000 figure, and then I'd be able to claim it back once I had my p45 stating what I actually received.

    I sent in my p50 last week, along with the p45. I received a letter today saying that there is no refund due to me at present, but that I may reapply at the end of the year.

    Is this a mistake on Revenue's part, or am I missing something here?

    Very unlikely that it's a mistake. Are you sure it said the end of the year? It usually says 4 weeks (or 8 if you're getting taxable Social Welfare)


  • #3
    DeeTee100
    Registered Users, Registered Users 2 Posts: 125 ✭✭DeeTee100


    gerrybbadd wrote: »
    Very unlikely that it's a mistake. Are you sure it said the end of the year? It usually says 4 weeks (or 8 if you're getting taxable Social Welfare)

    It did say 8 weeks, which works out to be the end of the year, just coincidence I suppose. I am not receiving any Social Welfare however, just a student grant


Advertisement